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Re: Mark954 post# 42135

Tuesday, 10/20/2020 10:25:57 PM

Tuesday, October 20, 2020 10:25:57 PM

Post# of 46527
Yeah I mean issuing 6mm shares at .0029 is a little alarming when the current price is hovering around .10.. I’m guessing that while the 8k doesn’t specifically elaborate on the terms of this issuance they shares are most likely prohibited from being dumped immediately. It just doesn’t make sense considering one of of the board members could have just started putting their private shares up in small blocks over a period of days and 170k shares at current monthly average pps would have netted a similar amount of capital. For that reason I’m guessing these new issuances are not able to be sold for a predetermined amount of time.... the other option is that this will follow suit of the old RMDM dilute reverse split repeat. Hard to tell but I’m not giving up until I see shares dumping massively into the bid. Just doesn’t add up Quite yet